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Beyond Air (XAIR) Q4 FY26 earnings results (fourth quarter fiscal 2026)

10-K filed Jun 26, 2026

Beyond Air (XAIR) reported revenue of $1.9M for the fourth quarter fiscal 2026 (Q4 FY26), +66% from a year earlier and -13% from the quarter before. Operating margin was -376.0%, net loss $10.4M (543.7% of revenue).

Revenue$1.9M
Year over year+66%
Quarter over quarter-13%
Operating margin-376.0%
Net earnings−$10.4M

Beyond Air, Q4 FY26: revenue $1.9M (+66% year over year), operating margin -376.0%, net loss $10.4M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.

Q4 FY26AmountQ/QY/Y
Revenue$1.9M-13%+66%
Operating profit−$7.2M——
Net earnings−$10.4M——
Operating cash flow−$4.9M——

What changed

Revenue was $1.9M in Q4 FY26, up 66% year over year and down 13% from the previous quarter.

Gross margin was 4.9%. Operating costs exceeded revenue by $7.2M, an operating margin of -376.0%. The fastest-growing cost line was SG&A (+28%). The quarter ended with a net loss of $10.4M, wider than the previous quarter's $7.6M loss. Minority interests bore $86K of it: to shareholders the quarter was a loss of $10.3M.

Operating cash flow was −$4.9M. Non-cash charges added back $800K of depreciation and amortization and $427K of share-based compensation. Working capital and other items added $4.2M. Capital expenditures of $547K exceeded it, leaving free cash flow of −$5.5M.

Questions

What was Beyond Air's revenue in the fourth quarter fiscal 2026?

Beyond Air (XAIR) reported revenue of $1.9M for the fourth quarter fiscal 2026 (Q4 FY26), +66% from a year earlier and -13% from the quarter before.

Was Beyond Air profitable in the fourth quarter fiscal 2026?

Operating loss was $7.2M (-376.0% of revenue) and net loss $10.4M.

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Source: Beyond Air 10-K on SEC EDGAR.